AGS 0.00% 17.5¢ alliance resources limited

re: weighing up ags maldon/andrewe The mine/lease/plant is worth...

  1. 5,867 Posts.
    re: weighing up ags maldon/andrewe The mine/lease/plant is worth $2m tops without demonsrabvle project economics, go and test the secondary market with the various plant auctioneers such as Eisdell etc.

    The reef system at Maldon has been systematically explored by serious explorers spending serious money.

    Recent drilling has not altered this picture. It has low prospectivity at this point in time. It is many many many yards away from BDG,GDR,PSV or BGF.

    Give it a run for the uranium play, but as far as Victorian gold goes, it is not worth an orifice full of cold water IMO.(And I know the district reasonably well!)

    Cheers,TAS
 
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